He also defended his company’s conduct. “I can tell you
unequivocally Apple does not funnel its domestic profits overseas.
We don’t do that. We pay taxes on all the products we sell in the
U.S., and we pay every dollar that we owe. And so I’d like to be
really clear on that,” Cook said.

And to The Washington Post:

“If you look at it today, to repatriate cash to the U.S., you need
to pay 35 percent of that cash. And that is a very high number,”
Cook said in an interview Thursday. “We are not proposing that it
be zero. I know many of our peers believe that. But I don’t view
that. But I think it has to be reasonable.”